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June 17, 2022

FinTech Boomber: Nigerian startup Klasha will get an extra $2.1M for its cross-border commerce play – TechCrunch

Lagos and San Francisco-based Klasha has acquired an extra $2.1 million to finish its $4.5 million seed spherical. The startup, which supplies a number of merchandise for the cross-border commerce house in Africa, raised this new financing from a gaggle of worldwide buyers together with Amex Ventures, the strategic funding group of American Specific. This funding is Amex Ventures’ first in an African startup.

The spherical additionally included World Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Well being and Paymob. “I feel the truth that Amex is now investing within the continent, particularly after investing in corporations like Stripe, is absolutely highly effective,” mentioned Klasha CEO Jessica Anuna to TechCrunch, including that World Ventures approaching board can also be noteworthy for the corporate.

Buyers from its first seed tranche reminiscent of Greycroft, Seedcamp, Plug and Play, Berrywood Capital and Breega doubled down.

Read more here.

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